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Rent includes electric. Seize this standout mixed-use property on vibrant Route 103 (Wilbur Ave), directly across from Walgreens and Black Salt Restaurant, with 14, 000-15, 000 cars passing daily. Perfectly positioned near Route 195 for easy access, this high-traffic location offers unmatched exposure. Zoned for commercial, residential, or mixed use, it’s ideally suited for business ventures, featuring a spacious, open floor plan with 3-4 configurable office spaces, perfect for professional offices, retail, or service-based enterprises. Up to 9 off-street parking spaces ensure ample convenience for clients and staff. Previously a residence, this property is a rare opportunity to create a thriving commercial hub in a bustling corridor. Schedule a viewing today to unlock its potential!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,500
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $2,000 | $2,000 | $2,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.095% | 7.141% | 6.152% |
Monthly Tax Payment | $375 | $375 | $375 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $13 | $13 | $17 |
Total Monthly Payment | $463 | $463 | $467 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.